TVS Motor Company's Stock Sees -3.7% Decline, Outperforms Sector Today
TVS Motor Company, a major player in the automobile two and three-wheeler industry, experienced a -3.7% decline in its stock on November 4th, 2024. This follows a 'Hold' rating by MarketsMojo and a -4.26% drop in the overall sector. Despite outperforming the sector today, the stock has fallen after three consecutive days of gains.
TVS Motor Company, a leading player in the automobile two and three-wheeler industry, has seen a decline of -3.7% in its stock on November 4th, 2024. This comes after a recent stock call by MarketsMOJO, which has rated the stock as 'Hold'.
The stock has outperformed the sector by 0.59% today, but has fallen after three consecutive days of gains. It touched an intraday low of Rs 2405, a decrease of -3.9%. The moving averages for the stock are currently higher than the 200-day moving average, but lower than the 5-day, 20-day, 50-day, and 100-day moving averages.
In the overall sector, Automobile Two & Three Wheelers has fallen by -4.26%. TVS Motor Company's performance in the past day has been -3.55%, while the Sensex has seen a decline of -1.58%. In the past month, the company's performance has been -10.18%, compared to the Sensex's -3.94%.
While the stock has seen a decline, it is important to note that this is not a reflection of the company's potential or the interest of investors or experts. This is simply a fact-based analysis of the stock's performance in the market. As a largecap company, TVS Motor Company continues to be a strong player in the industry and its stock performance should be closely monitored by investors.
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